The Pikes Peak Rural Transportation Authority was formed in January 2005 following the election in November 2004 when voters in Colorado Springs, Manitou Springs, Green Mountain Falls and El Paso County approved a one percent sales tax to address infrastructure and transit needs in the region. In November 2008 the voters of Ramah voted to join the Pikes Peak RTA. In November 2021 the voters of Calhan voted to join the Pikes Peak RTA. The RTA tax revenue is divided into three categories: 55% capital improvements, 35% maintenance, and 10% transit.

In November 2012 the voters within the Pikes Peak RTA approved the extension of the 55% Capital portion of the sales and use tax for another ten years from 2015 through 2024. In November 2022 the voters within the Pikes Peak RTA approved the second extension of the 55% Capital portion of the sales and use tax for another ten years from 2025 through 2034. The Capital portion of the tax would have expired on December 31, 2024, if it were not renewed by the voters.

The Pikes Peak Rural Transportation Authority draft 2025 Budget will be presented to the Citizen Advisory Committee on November 6 and to the Board on November 13, 2024. Sales and Use Tax revenue for the Fiscal year 2025 is projected to be $150,000,000. Page 4 contains an illustration of the foundation of the 2025 revenue calculation and allocation among the member governments.

Mountain Metropolitan Transit budgets for 10% of PPRTA net revenue in the amount of $15,787,900 and estimated fare box and advertising revenue of$4,081,157 for total Transit revenue of $19,869,057.

Maintenance activities receive 35% of the PPRTA net revenue or $55,257,650. The percentage allocation amongst the member governments is based on the last 2020 Federal decennial census which is summarized on the following page.

Capital improvements receive 55% of the PPRTA net revenue or $86,833,450. Capital revenues are allocated among the voter approved “A” list capital projects list in the ballot measure.

Administration expenses are budgeted for $851,000 or .52% of budgeted revenues, less than the allowable 1% stated in the ballot measure language.